In April 2016, the turnover declined in the manufacturing industry (–1.2%)

In April 2016, the turnover declined in the manufacturing industry (–1.2%)Turnover in industry and construction - April 2016

In April 2016, the turnover declined in the manufacturing industry (-1.2%) after a
virtual stability in March (–0.1%). Exports continued to decline, more substantially
than in March (-1.6% after -0.6%).

Every index in this issue is in value (tax excluded), seasonally and working day adjusted.
The commentary shows variations of subsections by decreasing contribution. The contribution
of a subsection depends on the extent of the change and on its weight.

In April 2016, the turnover declined in the manufacturing industry (−1.2%) after a virtual stability in March (–0.1%). Exports continued to decline,
more substantially than in March (−1.6% after −0.6%).

In the industry as a whole, the turnover decreased more moderately than in the manufacturing industry in April (–0.7%), owing to a rebound in the mining and quarrying; energy; water supply; waste management sector (+1.7%, after –1.2% in March).

Fall over the last three months (–1.6%)

Over the last three months, the turnover dropped in the manufacturing industry (–1.6%) as well as in the industry as a whole (−1.1%).

Over this period, it plummeted in the manufacture of coke and refined petroleum products (−11.1%). It declined sharply in the manufacture of transport equipment (−3.4%), owing to the manufacture of other transport equipment (–5.9%). It fell more moderately in other manufacturing (−0.7%), in the manufacture of food products and beverages (–0.7%) and in the capital goods industry (–0.5%). Conversely, it recovered in the mining and quarrying, energy, water supply,
waste management (+1.2% over three months, after –1.3% in March).

Decline compared to the previous year (−1.6%)

In the manufacturing industry, the turnover declined over the last three months, compared to the same months of 2015
(−1.6%, y-o-y). It dropped as well in the industry as a whole (–1.3%).

Over this period, the turnover plummetted in the manufacture of coke and refined petroleum products (−25.2%). It went down in other manufacturing (–0.7%) and more moderately in the manufacture of food products and beverages (–0.3%) and the mining and quarrying, energy, water supply, waste management sector (–0.4%). On the other hand, it went up in the manufacture of transport equipment (+0.5%) and in the capital goods industry (+0.6%).

graphique IRgraph3 – Turnover in manufacturing industry

Source: INSEE

graphique IRGraph4 – Turnover in manufacturing industry by sector

Source: INSEE

tableau IRtab5 – Variation of the turnover in industry and construction

SA-WDA value, Base year 2010

Variation of the turnover in industry and construction

Change in %

NA : A 10, (A 17)

Weight**

Apr./ Mar.

Mar./ Feb.

q-o-q (1)

y-o-y (2)

BE: INDUSTRY

10000

–0.7

–0.3

–1.1

–1.3

CZ: MANUFACTURING INDUSTRY

8346

–1.2

–0.1

–1.6

–1.6

Of which Exports

2677

–1.6

–0.6

–3.2

–3.6

(C1): Manufacture of food products and beverages

1685

–1.8

–0.7

–0.7

–0.3

(C2): Manufacture of coke and refined petroleum products

561

–1.5

–0.4

–11.1

–25.2

(C3): Capital goods industry

953

0.0

–0.5

–0.5

0.6

(C4): Manufacture of transport equipment

1265

–1.6

0.2

–3.4

0.5

(C5): Other manufacturing

3881

–0.9

0.1

–0.7

–0.7

DE: Mining and quarrying; energy; water supply; waste management

1654

1.7

–1.2

1.2

–0.4

FZ: CONSTRUCTION

10000

–0.2

–1.7

–0.5

0.1

** 10000=B...E and F

(1) Quarter-on-quarter: last three months / previous three months

(2) Year-on-year: last three months / same three months of previous year

The codes correspond to different levels of aggregation of the NACE classification.

Source: INSEE

Decline in “other manufacturing” (–0.9%)

The turnover in “other manufacturing” fell in April (−0.9%) after a virtual stability in March (+0.1%). Except for the pharmaceutical products, it went down in all sectors, mainly in the manufacture of basic metals and fabricated metal products (–3.3%) and, to a lesser extent, in the manufacture of chemicals and chemical products (–0.7%) and the manufacture of wood and paper products and printing(–0.6%). Conversely, it grew substantially in the manufacture of basic pharmaceutical products and pharmaceutical preparations (+1.3%).

New decline in food products and beverages (–1.8%)

The turnover declined again in the manufacture of food products and beverages (–1.8% in April, after –0.7%).

Decline in transport equipments (–1.6%)

The turnover in the manufacture of transport equipment shrunk in April (–1.6%, after +0.2% in March), owing to a dramatic fall in exports
(–4.5%, after +1.7%). It dropped sharply in the manufacture of other transport equipment (–3.5%, after +1.2%) while it bounced back moderately in the manufacture of motor vehicles. (+0.4%, after –0.8%).

New fall in coke and refined petroleum products (−1.5%)

In April, the turnover fell once again in the manufacture of coke and refined petroleum
products (–1.5%), more considerably than in March (–0.4%).

Stability in capital goods

The turnover in the capital goods industry levelled off in April after a fall for two months in a row (–0.5% in March and –0.4%
in February). It rebounded in the manufacture of machinery and equipment n.e.c. (+1.1%) while it fell back in the manufacture of computer, electronic and optical products (–0.9%) and in the manufacture of electrical equipment (–1.0%).

Revisions: +0.1 points in March in the manufacturing industry

In the manufacturing industry, the variation of the turnover in March 2016 has been revised upwards, at –0.1% instead
of –0.2% published previously. It has been revised downwards by –0.1 points in the
industry as a whole.

tableau IRtab8 – Indices of turnover in industry and construction

SA-WDA, based year 2010

Indices of turnover in industry and construction

Change in %

Industries:

Weight*

Apr. 2016

Apr./ Mar.

Mar./ Feb.

q-o-q (1)

BE: INDUSTRY

10000

105.5

–0.7

–0.3

–1.1

CZ: MANUFACTURING INDUSTRY

8346

103.7

–1.2

–0.1

–1.6

of which Exports

2677

107.1

–1.6

–0.6

–3.2

(C1): Man. of food products and beverages

1685

110.9

–1.8

–0.7

–0.7

of which Exports

285

113.0

–1.9

–2.4

–0.3

(C2): Man. of coke and refined petroleum products

561

61.8

–1.5

–0.4

–11.1

(C3): Capital goods industry

953

103.5

0.0

–0.5

–0.5

of which Exports

469

100.6

–0.2

–1.4

–1.4

[CI] Man. of computer, electronic and optical products

306

100.7

–0.9

1.2

–0.4

[CJ] Man. of electrical equipment

245

97.1

–1.0

0.4

–0.7

[CK] Man. of machinery and equipment n.e.c.

402

109.4

1.1

–2.1

–0.5

(C4): Man. of transport equipment

1265

113.1

–1.6

0.2

–3.4

of which Exports

617

116.8

–4.5

1.7

–5.8

[CL1] Man. of motor vehicles, trailers and semi-trailers

702

99.2

0.4

–0.8

–0.4

[CL2] Man. of other transport equipment

562

130.5

–3.5

1.2

–5.9

(C5): Other manufacturing

3881

103.6

–0.9

0.1

–0.7

of which Exports

1237

105.9

–0.4

–1.0

–2.3

[CB] Man. of textiles, wearing apparel, leather and related products

188

108.3

–0.2

0.6

–1.0

[CC] Man. of wood and paper products; printing and reproduction of recorded media

How to read it: in the manufacturing, the SA-WDA variation between February and March
2016 is revised by +0.02 points: –0.07 points are due to the revision of raw series
and +0.10 points to the new calculation of the SA-WDA coefficients.